502 W Newport RdLititzPA17543
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lititz at 502 W Newport Rd, Lititz, PA, 17543 priced at $499,900 pairs $2,616/mo rent with after a $2,447/mo payment. Total monthly income equals $2,616/mo. Return on cash invested is 15.13% in year one, and rental yield stands at 6.28% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 77.68% and total cumulative return in cash reaches $128,724. For financing, Ziffy Mortgage’s DSCR program evaluates $2,616/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17543, Lititz, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,540 (100%) |
| Owner Occupied HU | 13,654 (69.9%) |
| Renter Occupied HU | 4,887 (25.0%) |
| Vacant Housing Units | 999 ( 5.1%) |
| Median Home Value | $394,272 |
| Average Home Value | $442,213 |
Housing Distribution
Address Breakdown
Residential
17,572
Single Family
16,907
Multi-Family
665
Businesses
962
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Listed by: Daryl Brown • Iron Valley Real Estate of Lancaster
Mls Name: Bright MLS
Mls ID: #PALA2073004